Expanded from its original headquarters in Eastland, Texas, to Luling, Texas, after a boom in oil exploration in the area.
Moved to Houston, Texas and served the oil industry through three family-owned businesses: J. Ray McDermott & Co., Elmax Construction and Stall & McDermott.
Hired the company’s first construction crew, a team of six.
Opened an office in New Orleans, Louisiana.
Introduced the first use of floating drilling equipment in low-lying marshlands of Texas and Louisiana.
Purchased J.G. McMullen Dredging Company and established it as the Olsen Dredging Company.
Reorganized the multiple McDermott family-owned business operations into one: J. Ray McDermott & Co., Inc. of Delaware.
Designed and installed the first fixed platform made of steel out-of-sight-of-land, in 20 feet of water in the Gulf of Mexico for Superior Oil. Established a contracting division, which was the major operating segment during the early years.
Acquired assets of Harry F. Allsman Company, McDermott’s joint venture partner for several contracting jobs in the Gulf of Mexico, which provided equipment to meet the new demand for offshore construction.
Commissioned construction of the first vessel designed specifically for offshore work, Derrick Barge 4. The company’s Oil division was organized.